Shall I hold or invest with %12.5 premium per year ? - page 3.

bitlancr

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Quote from: kyrios_ on December 10, 2015, 09:20:15 AM

12.5%is pretty high, what currency is this in? Check the health of the currency such as inflation rate and general health of the economy. Usually with high interest rate, there will be high inflation rate. Banks increase interest rates to reduce money supply, i.e incentivise people to stop spending, cushioning the inflation.

I think it is much wiser to preserve and save. Do you know why, because I think the fact later will be worth much more. So it would be a shame if you are going to invest, because that you can lose money with it and you do not want.

lrdeoliveira

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12.5% is a lot interesting, but wait, 12.5% net return considering taxes? If yes, i would go on this

romero121

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Quote from: Pab on February 04, 2016, 08:05:41 PM

Quote from: Fakhoury on November 08, 2015, 05:42:10 PM

Hello all,

I've good sum of bitcoins, and they represent good sum as well in my local currency.

I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).

Or, shall I hold and keep holding ?

If you were me, what would you do and why ?

Thanks in advance.

I can tell you i dont trust banks,what country you are from what is your currency
I can tell you last year btc was best performing currency to dollar

Blankly you can't say banks won't. He's very sure about the interest.
Sure he can go for the investment, but in the future he can't be able
to buy the bitcoin with the regular interest got from his investment.

Pab

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Quote from: Fakhoury on November 08, 2015, 05:42:10 PM

Hello all,

I've good sum of bitcoins, and they represent good sum as well in my local currency.

I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).

Or, shall I hold and keep holding ?

If you were me, what would you do and why ?

Thanks in advance.

I can tell you i dont trust banks,what country you are from what is your currency
I can tell you last year btc was best performing currency to dollar

partysaurus

sr. member

Activity: 574

Merit: 251

it might be risky having any investment in fiat money right now , seems like its a crash incoming , but we will not know for sure before it hits , but alot of things point at it , and if that happends the thread starter would go out party like its 1999 when he see hes fiat money become worth less and less and hes btc gain value

Kprawn

legendary

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This is the thing about Bitcoin... You never know what will happen. Since OP decided to hold, the price of Bitcoin dropped a estimated $50 to $60 ... I

figure he has some doubt if it was a good decision or not. The other side of the coin is, it might just go to double it's value and he would not have had

a single regret that he hodl'ed. Nobody can give sound financial advice with a volatile and high risk commodity like Bitcoin. The risk can pay off or you

could lose a lot of money... nobody knows.

allthingsluxury

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It is always good to spread out your risk, only you can decide if you want to make this move or not.

Eric Mu

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Living in China, 12.5 % doesn't sound that high. The P2P lending service that I have been using for 3 + years pays 13.92% (with defaulted loans deducted ). I have been thinking a lot about setting up a fund allowing ppl from overseas to invest in Chinese P2P by using BTC as payment rail.

kyrios_

full member

Activity: 210

Merit: 100

12.5%is pretty high, what currency is this in? Check the health of the currency such as inflation rate and general health of the economy. Usually with high interest rate, there will be high inflation rate. Banks increase interest rates to reduce money supply, i.e incentivise people to stop spending, cushioning the inflation.

tmfp

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"Common rogue from Russia with a bare ass."

Quote from: Fakhoury on November 09, 2015, 09:30:26 AM

Well, I made my mind.

I will keep buying and hodling BTC, because as many of you said, we can witness a bubble or another amazing bull market run that can dust away that %12.5 premium easily.

Thank you all for your help, and you are proving for me, that day by day, we are a big lovely family.

Thanks again.

BTW, attention all sig spammers, the OP made up his mind a month ago.

zodiac3011

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Activity: 770

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hold it and use your salary from real life to buy more bitcoin is an option I think. We can all see that if someone bought bitcoin 2 months ago his investment is doubled right now!

crazyivan

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Quote from: tmfp on December 10, 2015, 05:19:50 AM

Yeah, we gather that you like it ivan, probably why you've posted it in nine different places.
Wink

Sorry, it was not my intention to spam. Just love that coin and yes, I ve been a holder for almost 2 years. It has brought me nothing but profits.

tmfp

legendary

Activity: 1932

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"Common rogue from Russia with a bare ass."

Yeah, we gather that you like it ivan, probably why you've posted it in nine different places.
Wink

tmfp

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"Common rogue from Russia with a bare ass."

Quote from: justspare on December 10, 2015, 01:09:16 AM

I would definitely invest. 12.5% is a very good rate and right now, Bitcoin is steadily rising so you should earn quite a lot. At this day in time, you don't really want fiat. Just invest.

You don't even have the excuse of a signature campaign for posting nonsense.
The 12.5% return means keeping his funds in fiat not Bitcoin.
Roll Eyes

justspare

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Activity: 1022

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I would definitely invest. 12.5% is a very good rate and right now, Bitcoin is steadily rising so you should earn quite a lot. At this day in time, you don't really want fiat. Just invest.

1aguar

full member

Activity: 210

Merit: 100

You can buy futures with some of your coins and invest the rest in certificates.
This is the most efficient way, but you need to decide on a risk management strategy.
It depends on whether there are local currency instruments available for hedging your position; you would probably have to open a position in the forex market to hedge the value of your local currency versus the USD.
You can decide your risk management based on your expected income and your risk appetite.
For example, if you have 2 bitcoins and you invest 1 bitcoin in futures at a leverage of 2x, you can then use the remaining 1 bitcoin for investment purposes because you are hedging the value of 2 bitcoins and your futures position will gain value as if it was 2 bitcoins even though you only invested 1 bitcoin in futures. However, if the price drops significantly from where you bought the future (about 50%), there is a risk that your futures position will be closed at a loss and you could lose 1 bitcoin unless you deposit more funds to keep your position afloat.
I suggest watching the lessons about futures on Khan Academy to learn more.

countryfree

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Your country may be your worst enemy

12.5% premium per year?

Where do you get that? Obviously, you're not living in Europe, nor in America. So must consider how much inflation you get in your country and how your currency fluctuates against the US dollar or some other strong currency. Another thing to consider is that keeping money at the bank can help you getting a loan if you think about buying a property.

Mickeyb

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Move On !!!!!!

Quote from: Betwrong on December 08, 2015, 08:07:17 AM

Quote from: Amph on December 08, 2015, 06:18:53 AM

Quote from: hunnaryb on December 08, 2015, 03:29:40 AM

Quote from: btckold24 on December 05, 2015, 08:43:46 PM

the only problem is I think bitcoin will double when the halving comes. So maybe wait for that
then do it?

Bitcoin is not going to double at the halving. Get real.

speaking of which, we have already seen a double until now, and right now we are at around 80% increase, so when the halving kick in, you right we won't double, but mostly like do a nice x4 versus the previous value, which was 230...

do not think that the last pump has nothing to do with the halving already, the effect of the halving can enter much early than many believe

Yes, I agree, halving has affected the price already, but on the other hand I don't think we'll have "x4 versus the previous value" by summer because we already had the effect almost to the full extent. I think the price will be around $500 per coin by summer but not higher than that.

I wish you were right though. )

You can never be so sure about this. Add 2 or 3 really nice news about Bitcoin until the summer to the halving fact and I am sure an increase all the way to a $1,000 is more than possible!

gkv9

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!!! RiSe aBovE ThE StoRm !!!

Quote from: Amph on December 08, 2015, 06:18:53 AM

Quote from: hunnaryb on December 08, 2015, 03:29:40 AM

Quote from: btckold24 on December 05, 2015, 08:43:46 PM

the only problem is I think bitcoin will double when the halving comes. So maybe wait for that
then do it?

Bitcoin is not going to double at the halving. Get real.

speaking of which, we have already seen a double until now, and right now we are at around 80% increase, so when the halving kick in, you right we won't double, but mostly like do a nice x4 versus the previous value, which was 230...

do not think that the last pump has nothing to do with the halving already, the effect of the halving can enter much early than many believe

You are right, and not just that it is related to halving, but one should absolutely hodl and wait for the price rise as investing somewhere with so-called "PREMIUM" won't be much promising as Bitcoin is, the rates have been dumped and pumped loads of times, but one should know when to enter and exit...

Cs87kxy

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Quote from: Fakhoury on November 08, 2015, 05:42:10 PM

Hello all,

I've good sum of bitcoins, and they represent good sum as well in my local currency.

I was thinking about selling all my bitcoins, lock that fiat money in investing certificates in my bank where I get %12.5 premium per year and buy bitcoins every month (it will take some time to re-buy again all my bitcoins, but not that long, could be 1-2 years as I will include my fiat salary as well).

Or, shall I hold and keep holding ?

If you were me, what would you do and why ?

Thanks in advance.

wow 12,5 % of interest yearly in my country are really a lot of money!
here a bank give max a 3% and you have to "lock" the amount for at least 1-2 years!
I think that a "secure" return like this is the best link between risk and ROI... also people from other countries can open an account in this bank?

Topic: Shall I hold or invest with %12.5 premium per year ? - page 3. (Read 5553 times)